Hidden in Plain Sight
What Really Caused the World's Worst Financial Crisis and Why It Could Happen Again
The 2008 financial crisis-like the Great Depression-was a world-historical event. What caused it will be debated for years, if not generations. The conventional narrative is that the financial crisis was caused by Wall Street greed and insufficient regulation of the financial system. That narrative produced the Dodd-Frank Act, the mostcomprehensive financial-system regulation since the New Deal. There is evidence, however, that the Dodd-Frank Act has slowed the recovery from the recession. If insufficient regulation caused the financial crisis, then the Dodd-Frank Act will never be modified or repealed; proponents will argue that doing so wil…
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Produktdetails
- ISBN: 978-1-59403-865-5
- EAN: 9781594038655
- Produktnummer: 21418189
- Verlag: Encounter Books,USA
- Sprache: Englisch
- Erscheinungsjahr: 2016
- Seitenangabe: 432 S.
- Masse: H22.8 cm x B15.1 cm x D3.2 cm 600 g
- Gewicht: 600
Über den Autor
Peter J. Wallison holds the Arthur F. Burns Chair in Financial Policy Studies and is codirector of the American Enterprise Institute’s program on Financial Policy Studies. From June 1981 to January 1985, he was General Counsel of the United States Treasury Department, where he had a significant role in developing the Reagan administration proposals for deregulating financial services. During 1986 and 1987, Wallison was White House counsel to President Ronald Reagan.He testifies frequently before congressional committees and is a frequent contributor to the op-ed pages of the Wall Street Journal and other publications. He has also been a speaker at many conferences on financial services, housing, the financial crisis, the Dodd-Frank Act, accounting, and corporate governance and was a member of the congressionally authorized Financial Crisis Inquiry Commission (20092011). In 2011, Wallison received an honorary doctorate in Humane Letters from the University of Colorado.
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